The counter is in an ascending channel formation.
The pair reached its supportive trendline and then bounced back with a pin bar and follow through the bullish candle.
Hence, we expect the pair to be bullish and reach the resistive trendline for now.
The pair reached its supportive trendline and then bounced back with a pin bar and follow through the bullish candle.
Hence, we expect the pair to be bullish and reach the resistive trendline for now.